USAGE AND OCCUPANCY
Q. At what time of year is the park open?
A. Occupancy
is from April 1 through November 31 of each year. Worcester County
requires that the park is closed from December 1 through March
31 . However, you may visit your RV for inspection and/or repair and
improvements but you cannot occupy the dwelling from December 1 stthrough
March 31.
Q. Can I leave my RV on site year round?
A. Yes, but it requires special County and FEMA permits.
Q. Are there F.E.M.A governmental requirements that must be met
in order to leave my RV on site year round?
A. Yes.
If you leave your RV on site over six months, F.E.M.A. requires
concrete block pier foundations with concrete footers and augers
(screw in type) with metal straps. Specifications are at the park
office.
Q. Can I move my RV in and out of site at any time I desire?
A. Yes.
TYPES OF RV LIVING UNITS PERMITTED
R.V.S., R.V. Park Trailers, Park Models and "stick built" cabins. The specific definition of
each of these is being clarified with Worcester County.400 square
feet is permitted for interior space plus 350 sq. feet screened in porch or deck.
Q. Can I build an addition onto my RV?
A. Yes, up
to a 350 square foot screen room (no glass or plexiglass windows).
RULES AND RESTRICTIONS
Q. Are there rules and restrictions?
A. Yes. In order
to preserve both the aesthetic and financial quality of Bali Hi Park,
there are basic rules and restrictions set forth. A brief overview
follows:
1. No loud noise.
2. Motorcycles are permitted, but cannot
cruise the park. Access to and from owners sites only.
3. Two
pets are permitted on leashes.
4. On site boat storage is permitted
for winter storage from October 1 through April 30 .
(Commercial
boat storage available 1 mile from Bali Hi
Park at $125.00 for six months "in and out storage" during
summer season).The Policy of the managing agent of Bali Hi Park is that you may have your boat on your site during the summer for short periods of time(a few days).Absolutely no empty trailors to be stored on site at any time.
RENTING OUT MY SPACE
Q. Can I rent to friends or others?
A. Yes, minimum
time period one week, maximum time limit is unlimited. Your relatives
and friends can occupy at any time.
MAINTENANCE FEES
Q. Are there maintenance fees?
A. Yes, $68.00 per
month (standard lot), $73.00 per month (large lot).
Q. What does that cover?
A. Property taxes, sewer,
water, cable, grass cut, grounds maintenance, management and other
charges that are normal for any type of property ownership. The only
additional utility and operational fee is your own electric meter (Conectiv
Electric) and your propane gas, bottle refills.
OWNERSHIP
Q. What type of ownership is Bali Hi
Park?
A. Bali Hi is a co-op regime ownership adhering
to the codes of the State of Maryland .
Q. Why is this a co-op instead of a condominium?
A. Because
it is the only type of ownership permitted by county law that is
financially feasible for the buyer. Before the new county code permitting
RV campground co-op ownership, there was no legal instrument available
to enable ownership.
Q. What is co-op ownership?
A. You own the entire
23 acre Bali Hi Park site with 177 other owners (178 sites) in a
corporation. You are a voting stockholder with exclusive rights of
use and occupancy of your designated site. You will own 4,500 - 5,000
shares of stock along with a legal instrument called a "proprietary
lease" that gives you a 90 year lease on your individual site. There
is no fee connected to the 90 year lease, it gives you exclusive use
of your individual RV campsite.
Q. Can I resell my site?
A. Yes, at any time and price
is based on free market with NO provision to sell back to Bali Hi
Park.
Q. Historically, have co-op ownership sites been transferred
successfully in Worcester County?
A. Yes,
several co-op trailer parks have been extremely successful from
both an operational and resale position.
Q. What happens at the end of 90 years?
A. You or
your heirs vote with the other 177 votes as to the destiny of the
Bali HI Park. 80% majority is required.
MISCELLANEOUS QUESTIONS
Q. When will the park be open
this year?
A. April 1, 2006.
Q. What is all the site work that is under construction?
A. New
50 amp metered electric service. Repair and partial replacement of
sewer and water lines. Old trailer being moved out (RV trailer),
fill dirt and grading.
Q. Can you plant trees, shrubs and flowers?
A. Yes,
with managing agent approval.
Q. Is there going to be new bath house and laundromat?
A. Yes,
summer of 2005 completion for bath house.Pool to be completed May 31, 2006
Q. Is there going to be a swimming pool?
A. Yes
Q. Are sheds permitted?
A. Yes, with management approval.
8' x 10' only.
Q. How do I process my application for permanent installation
of:
A. R.V. meeting F.E.M.A. requirements;
B. Screen room
and/or decks;
C. Sheds?
A. Contact Deb Macino at 410-352-3140. She is the permitting specialist.
Q. What will be the finished roads?
A. Existing roadways
will be graded and restoned.
Q. Can concrete pads be installed?
A. Yes, contact Deb Macino for details and specs.
FINANCING
Q. Is financing available?
A. Yes. 10% down, 20 years at 8% per annum.
Q. Can I pay off the loan at any time with no pre-payment penalty?
A. Yes.
PURCHASE PROCESS
Q. What are the steps required to acquire
a lot?
A.
1. Sign an agreement to purchase and place a $1,000 deposit.
2. This deposit and agreement of sale may be rescinded by the buyer
at any time for any reason or no-reason within 15 days of the signing
of the agreement. The $1,000 deposit is fully refundable.
3. Within
30 days or less to make settlement.A settlement fee of $500 to the settlement attorney.
PRICING & AVAILABILITY
Q. What are the sizes of the lots?
A. The standard
lot that is 40' x 50'. The large lots are 40' x 72'.Irregular shaped lots are odd sizes. |